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Tuesday 27 April 2010

Stock Watch Apr 28, 2010

After today, technical correction had taken place, after long straight winning days, it's quite logical that investors starts to take profit, and seems tomorrow will be the beginning of the consolidation time, so, it's quite wise for us to take profit in this two days.

Well, not much analysis will be given as I'm quite busy & need to have some rest, I'll still give you all some hints.

Stock watch:
1. Indo Tambang Raya Megah (ITMG.JK, ITMG:IJ)
Rating: Trading Buy, Sell On Strength; TP: 40800-41200

2. Astra Int'l (ASII.JK, ASII:IJ)
After gaining for 6 straight days, it's quite rational to be corrected, meanwhile, tomorrow or Thursday - Friday, will be a great day for this stock, as there might be a secret unfold inside the investors. To know it, you can email me directly, I will tell you the secret.
Rating: Buy On Weakness; TP: 46700-48150, Mid term: 50000-50500

3. Kalbe Farma (KLBF.JK, KLBF:IJ)
Rp2000 is the psychological level that become the support of KLBF.
Rating: Buy On Weakness; Entry: 2000-2025; TP: 2100-2125

4. Bukit Asam (PTBA.JK, PTBA:IJ)

The bad issue of the two guilty directors seems doesn't affect the stock, and it has just broken a new high, and seems, the next target will be higher.
Rating: Trading Buy; TP: 19500-20000


Happy Investing^^
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